Research
on Valuation of Land and Improvements in Philadelphia
Summary The Philadelphia Controller's Office was investigating how a shift to a
system that taxes land at higher rates and buildings at lower rates (land value
taxation) would affect city taxpayers. The Cartographic Modeling Lab worked
with economists at Drexel University to develop a spatial-temporal model for
capturing neighborhood effects as determinants of real estate values.
External Funders Philadelphia Controller's Office coordinated a group of outside funders
Collaborating Investigators
Steve Meyer (CML), Paul Jensen (Drexel University), Roger McCain (Drexel University)
Partnering Agencies
Philadelphia Controller's Office, Board of Revision of Taxes
